Nationwide Highmark Financials
| NWJIX Fund | USD 9.40 0.01 0.11% |
Nationwide |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Nationwide Highmark Fund Summary
Nationwide Highmark competes with Nationwide Investor, Nationwide Investor, Nationwide Investor, Nationwide Global, and Nationwide Global. The fund invests primarily in bonds which include U.S. government securities corporate bonds issued by U.S. or foreign companies that are investment grade investment grade fixed-income securities backed by the interest and principal payments of various types of mortgages, known as mortgage-backed securities and investment grade fixed-income securities backed by the interest and principal payments on loans for other types of assets.Specialization | Intermediate Core Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US63868C3007 |
| Business Address | Nationwide Mutual Funds |
| Mutual Fund Family | Nationwide |
| Mutual Fund Category | Intermediate Core Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 848 0920 |
| Currency | USD - US Dollar |
Nationwide Highmark Key Financial Ratios
Nationwide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nationwide Highmark's current stock value. Our valuation model uses many indicators to compare Nationwide Highmark value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nationwide Highmark competition to find correlations between indicators driving Nationwide Highmark's intrinsic value. More Info.Nationwide Highmark Bond is regarded second largest fund in annual yield among similar funds. It is number one fund in year to date return among similar funds creating about 890.28 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nationwide Highmark's earnings, one of the primary drivers of an investment's value.Nationwide Highmark Bond Systematic Risk
Nationwide Highmark's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nationwide Highmark volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Nationwide Highmark Bond correlated with the market. If Beta is less than 0 Nationwide Highmark generally moves in the opposite direction as compared to the market. If Nationwide Highmark Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nationwide Highmark Bond is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nationwide Highmark is generally in the same direction as the market. If Beta > 1 Nationwide Highmark moves generally in the same direction as, but more than the movement of the benchmark.
Nationwide Highmark November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nationwide Highmark help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nationwide Highmark Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nationwide Highmark Bond based on widely used predictive technical indicators. In general, we focus on analyzing Nationwide Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nationwide Highmark's daily price indicators and compare them against related drivers.
| Information Ratio | (0.55) | |||
| Maximum Drawdown | 1.26 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.4193 |
Other Information on Investing in Nationwide Mutual Fund
Nationwide Highmark financial ratios help investors to determine whether Nationwide Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nationwide with respect to the benefits of owning Nationwide Highmark security.
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